Earnings Preview For Wendy's
Portfolio Pulse from Benzinga Insights
Wendy's (NASDAQ:WEN) is anticipated to report a quarterly EPS of $0.23 on February 15, 2024. Investors are keen on not just the earnings beat but also the forward guidance. Wendy's has a history of surpassing EPS estimates, leading to positive stock price movements. However, the stock has seen a 16.23% decline over the last year, indicating long-term shareholder dissatisfaction.
February 14, 2024 | 5:02 pm
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Wendy's is expected to report a quarterly EPS of $0.23, with investors looking forward to earnings beat and positive future guidance. The stock has declined by 16.23% over the past year, indicating potential volatility around the earnings release.
Given Wendy's history of surpassing EPS estimates and the subsequent positive stock price movements, there's a potential for a short-term positive impact if the trend continues. However, the overall yearly decline suggests underlying challenges that might temper gains.
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